Sentences with phrase «lowest point of its crisis»

Not exact matches

Quick answer: no, as the European Central Bank, which has an inate fear of inflation, felt compelled on Thursday by the economic crisis in Europe to cut its benchmark interest rates by 0.25 percentage points, bringing the refinancing rate to a record low of 0.75 % and the overnight deposit rate to zero.

In recent months, the yield on US corporate bonds, especially investment - grade securities, is a little more than 100 basis points compared to the yield on government debt, dropping within striking distance of the lows seen post the 2008 financial crisis.

This is a percentage point lower than average potential growth in the decade prior to the crisis... We estimate that the real neutral policy rate is currently in the range of 1 to 2 per cent... This translates into a nominal neutral policy rate of 3 to 4 per cent, down from a range of 4 1/2 to 5 1/2 per cent in the period prior to the crisis.»

The study shows a steady decline since 1997 when it was at 13 percent and, predictably, it dropped to its lowest point of 6 percent in 2008 at the beginning of the financial crisis.

He will point to leading the city out of its fiscal crisis, «maybe the best economic development in 50 years,» significant infrastructure investment, and a lower crime rate.

12:06 - Miliband starts by welcoming the fall in unemployment but asks Cameron to confirm there is a cost of living crisis, given that wages are at their lowest point since records began.

The film, which included interviews with Michelle Rhee, Bill Gates, and the economist Eric Hanushek, among others, made the central points that public education was failing, that resources don't matter, and that the best ways to fix the national crisis of low test scores were to expand the number of privately managed charters, fire ineffective teachers, and weaken the unions that protected them.

During the financial crisis a few years back, the S&P 500 had lost over 50 % of its value when it reached its low point.

But when Europe's industrial production stalled after the 2009 financial crisis, supply quickly dwarfed demand, driving the credits to their lowest level of 2.75 euros ($ US3.79) per tonne in April, according to data from Point Carbon.